Press releases pg. 105
CEZ expands its trading activities to the natural gas market
CEZ has stepped into the wholesale natural gas market by execution its first trade with this commodity today. Concretely CEZ has entered the UK NBP natural gas market through the ICE (InterContinental Exchange) in London.
2. 9. 2008
CEZ Group Buys 600 Megawatt Wind Farm Project in Romania from Continental Wind Partners
Prague, August 27, 2008 – Yesterday evening, CEZ Group, the leading CE power utility, and Continental Wind Partners LLC, a major renewable power developer, concluded the sale of CWP’s adjacent Fantanele and Cogealac wind farms in Romania to CEZ. The two projects will together be the largest onshore wind farm in Europe, with a total capacity of 600 megawatts, approximately double the size of the next largest fully permitted onshore wind farm in Europe, and triple the size of the largest current operational wind farm in Europe. The total investment of the CEZ Group into the project will reach € 1.1 billion.
27. 8. 2008
Chinese success- CEZ has another emission credit project from Chinese biomass power plant
Beijing, China, August 17, 2008 – Chairman of the Board of Directorst and CEO of CEZ Martin Roman and Guo Zhenjun, General Manager of Hunan Liang Renewable Energy Power Co, have today, in the Czech Olympic House, signed an agreement about a purchase of emission reductions from a prepared biomass power plant project
17. 8. 2008
CEZ Group reached profit of 29bn CZK in 1st half
CEZ Power Group reached a net profit of 29bn CZK in the first half of this year, which was a year-on-year increase of 38 percent, despite a negative influence of the strengthening crown. The growth was given by higher production with increasing share of cost-effective nuclear resources, increase in wholesale electricity prices, operating cost savings and the results of CEZ Group´s foreign activities. CEZ has also raised its full-year profit forecast to 48.6bn CZK.